FTX creditor activist Sunil Kavuri has shared his courtroom experience from Sam Bankman-Fried’s sentencing on March 28, 2024, as the convicted founder’s …
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Creditor
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FTX, the once prominent crypto exchange, will begin the next round of cash redistribution on Sept. 30, the bankrupt firm said in …
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Finance
Liquidity shock set to hit crypto market as FTX unleashes 2% of stablecoin supply in $5B creditor payout
by shayaanby shayaanFTX has begun distributing over $5 billion in stablecoins to creditors, unleashing approximately 2% of the total stablecoin supply into the market. …
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Markets
FTX to Begin $11.4B Creditor Payouts in May After Years-Long Bankruptcy Battle
by shayaanby shayaanFTX, the collapsed cryptocurrency exchange once helmed by Sam Bankman-Fried, plans to begin paying its main creditors at the end of May, …
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Markets
Court Approves 3AC’s $1.53B Claim Against FTX, Setting Up Major Creditor Battle
by shayaanby shayaanThe Delaware bankruptcy court handling the FTX estate approved a petition on Thursday from Three Arrows Capital (3AC) to significantly expand its …